NOT LISTED FOR SALE

2625 Columbus Ave Minneapolis, MN 55407

Phillips West Neighborhood
4 Beds
4 Baths
3,200 Sq Ft
5,663 Sq Ft Lot

Last Sold March 10, 2025

Last sale price $410,000 $128 Per Sq Ft

35 Days on Market

About This Home

As of March 2025

Solid, steady income producing 4-plex in S Mpls. Updates have been done throughout as needed. Four 1br units, all same layout - separate meters for tenants to pay gas & electric. Current rents - Unit 1: $1,000, Unit 2: $1,050 Unit 3: $1,100; Unit 4: $1,010. Unit can be made available for owner-occ.

Last Agent to Sell the Property

Reid Lenz

Verde Real Estate Group Listed on: 01/01/2025

Co-Listed By

Jeremy Pekarek

Verde Real Estate Group

Last Buyer's Agent

Frino Alcenat

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,803

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 54x122

Home Design

  • Quadruplex

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Gravity Heating System
  • 100 Amp Service

Listing and Financial Details

  • The owner pays for insurance, grounds care, repairs, sewer, trash collection
  • Assessor Parcel Number 3502924320314

Community Details

Overview

  • 4 Units
  • Shepards Sub Of Lt 10 Emersons Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,803

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 3200
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 3200
  • Owner Pays: Insurance, Grounds Care, Repairs, Sewer, Trash Collection
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Neighborhood: Phillips West

Garage/Parking

  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air, Gravity
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 54x122
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Wood Siding
  • Units Total: 4

Rental Info

  • Expenses: 9406.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3502924320314
  • Tax Annual Amount: 5803
  • TaxWithAssessments: 6080.0000

Multi Family

  • Number Of Refrigerators: Four

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $410,000 0.0% $128 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
02/03/2025 02/03/25 Off Market $410,000 -- --
01/08/2025 01/08/25 For Sale $439,900 +7.3% $137 / Sq Ft
01/04/2025 01/04/25 Off Market $410,000 -- --
01/01/2025 01/01/25 For Sale $439,900 -- $137 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Reid Lenz

    Seller's Agent in 2025

    Reid Lenz

    Verde Real Estate Group

    (712) 330-2138

    1 in this area

    59 Total Sales

    Reid Lenz
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jeremy Pekarek

    Verde Real Estate Group

    (320) 260-0236

    1 in this area

    34 Total Sales

    Jeremy Pekarek
    Section Image

  • F

    Buyer's Agent in 2025

    Frino Alcenat

    Bridge Realty, LLC

    (952) 594-0337

    1 in this area

    5 Total Sales

    Frino Alcenat
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6643931

NorthstarMLS

Minnesota Hennepin County Minneapolis 55407 Phillips West

2625 Columbus Ave, Minneapolis, MN

This home is located at 2625 Columbus Ave, Minneapolis, MN 55407 since 01 January 2025. This property was built in 1885. 2625 Columbus Ave is a home located in Hennepin County with nearby schools including Andersen United Middle School, Whittier International, and South Senior High School.

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